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New Bitcoin Ransomware Can Permanently Encrypt Your Files

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  • Alex Dovbnya
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    Pay 0.1 BTC or say goodbye to your files -- a new malware makes strides on the web

New Bitcoin Ransomware Can Permanently Encrypt Your Files
Cover image via u.today

According to BleepingComputer, there is a new Bitcoin-ransoming malware that actually encrypt your files, not just shows spooky messages on your display. 

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The report states that DeathRansom initially faked the encryption part that made it quite innocuous but it soon turned into a beast that can make your files unusable. 

As of now, there is no information about how this malware is being distributed, but it keeps spreading like wildfire. It is also not known whether the affected files can be decrypted. After the initial spike on Nov. 20, the number of victims continues to grow. 

DeathRansom Submissions

A ransom note, which was published by BleepingComputer, states that victims are required to send 0.1 BTC (about $710 at the time of writing) to bad actors in 12 hours in order to encrypt their fails. If the deadline is not met, the victim's decryption password will be deleted. They offer to decrypt one .txt or .lnk file for free. 

Notably, there even a small instruction on how to buy Bitcoin with a link to LocalBitcoins, the leading peer-to-peer crypto exchange, and an in-depth Coindesk article.  

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On a side note, paying 0.1 BTC is not the worst thing that could happen to the victims of ransomers. As reported by U.Today, the godfather of a Belgian teenager who disappeared out of the blue during his trip to Australia, received ominous messages from kidnappers who demanded $300,000 worth of Bitcoin. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls

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  • Alex Dovbnya
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    The Bitcoin price could soon touch $7,800 if bulls persist, but this move could be a short-lived one

Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls
Cover image via u.today

Popular crypto trader Wendy O recently predicted that the price of Bitcoin would "rocket up" if it managed to surge above the $7,400 level. 

Bitcoin Price
image by @CryptoWendyO

Shortly after that, the BTC price did rise above the aforementioned level, currently sitting at $7,444, according to CoinStats data

Bitcoin Price
image by coinstats.app

If the aforementioned forecast turns out to be accurate, Bitcoin traders could soon see another fakeout, which would be similar to the one that took place on Dec. 4. As reported by U.Today, BTC printed a massive green candle in less than a minute, but this unexpected pump quickly evaporated.     

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Earlier today, multiple traders predicted that Bitcoin was about to make a big move in either direction, but $7,800 seems to be the main area of interest for them. The leading cryptocurrency hasn't touch this level since Nov. 30. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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